Miami-Dade County  »  33172  »  NW 87th Ave  »  1062 NW 87th Ave

1062 Northwest 87th Avenue, Miami, FL 33172 - Property report

Also known as: 1062 NW 87th Ave

Property image for 1062 Northwest 87th Avenue, Miami, FL 33172
static Mapbox map

Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Year built

2016

Acreage

16.196

Sale price

$104,375,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1062 Northwest 87th Avenue
ZIP code
33172
County
Miami-Dade
Municipality
30
Neighborhood
304004084
Parcel ID
3040040840532
Qualifier

Owner

Find out who owns 1062 Northwest 87th Avenue, Miami, FL 33172. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/15/2019
Sale price
$104,375,000
Arm's length
Tax
Tax year
2025
Base tax
$1,278,343
Current property tax
$1,134,214
Building
Property type
Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)
Building sq. ft.
40,936
Buildings on lot
22
Stories
3
Year built
2016
Lot
Total sq. ft.
438,387
Acreage
16.196
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
15 /100.  Car-Dependent
Transit score
39 /100.  Some Transit
Bike score
53 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1062 Northwest 87th Avenue, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1062 Northwest 87th Avenue, Miami, FL 33172

Sale date Sale price Buyer name Seller name
05/15/2019 $104,375,000 XXXX XX XX XXXXX XXXXX XXX XX XXXXX XXXX X XXX

*Most recent sale on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/29/2024 - D
01/29/2024 - R
Release XXXXX XXXX XXXXXX XXXXXXX XXXX XXXX XX XX XXXXX XXXXX XXX
01/29/2024 - D
01/29/2024 - R
Release XXXXX XXXX XXXXXX XXXXXXX XXXX XXXX XX XX XXXXX XXXXX XXX
01/29/2024 - D
01/29/2024 - R
Release XXXXX XXXX XXXXXX XXXXXXX XXXX XXXX XX XX XXXXX XXXXX XXX
10/13/2022 - D
10/13/2022 - R
Mortgage XXXX XX XX XXXXX XXXXX XXX XXXXXX XXX
06/09/2020 - D
06/09/2020 - R
Mortgage XXXX XX XX XXXXX XXXXX XXX XXXXXX XXX
12/13/2019 - R
12/03/2019 - D
Assignment of Leases and Rents XXXX XX XX XXXXX XXXXX XXX XXX XXXXXX
12/13/2019 - R
12/03/2019 - D
Assignment of Leases and Rents XXX XX XX XXXXX XXXXX XXX XXX XXXXXX
12/13/2019 - R
12/03/2019 - D
Assignment of Leases and Rents XXX XX XX XXXXX XXXXX XXX XXX XXXXXX
10/28/2019 - D
10/28/2019 - R
Assignment of Leases and Rents XXXX XX XX XXXXX XXXXX XXX XXXXX XXXXX XXXX X X
10/08/2019 - D
10/08/2019 - R
Assignment of Leases and Rents XXXX XX XX XXXXX XXXXX XXX XXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1062 Northwest 87th Avenue, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$1,278,343
Current property tax
$1,134,214
Recent tax assessments
Market value
$75,500,000
Land value
$16,346,493
Building value
$59,153,507
Assessed value
$75,500,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $75,500,000 $75,500,000 16.9317 $1,278,343 +2.62%
2024 $73,500,000 $73,500,000 16.9487 $1,245,729 +5.56%
2023 $69,200,000 $69,200,000 17.0541 $1,180,144 +5.39%
2022 $65,700,000 $65,700,000 17.0433 $1,119,745 -5.21%
2021 $67,100,000 $67,100,000 17.6056 $1,181,336 -5.77%
2020 $71,000,000 $71,000,000 17.6571 $1,253,654 +38.24%
2019 $51,220,000 $51,220,000 17.7054 $906,871 +6.23%
2018 $49,450,000 $49,450,000 17.2644 $853,725 -3.91%
2017 $50,738,213 $50,738,213 17.5107 $888,462 +216.43%
2016 $15,692,647 $11,027,638 17.8921 $280,774 -2.00%

Permit information for 1062 Northwest 87th Avenue, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Demographics by ZIP code

Total population
39,101
Median age
43.7
Average household income
$76,087
Family households
70.5%
People per household (average)
2.68
Occupied housing units
14,591
Owner-occupied units
43.9%
Median year structure built
1983
Median value mortgaged units
$316,500
Median value unmortgaged units
$253,200

Risk

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FEMA flood zones

FEMA flood zones
AE, AH

Transportation

Daily traffic map

Access the detailed traffic volume map for 1062 Northwest 87th Avenue, Miami, FL 33172 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1062 Northwest 87th Avenue, Miami, FL 33172?

The development at 1062 Northwest 87th Avenue, Miami, FL 33172 was built in 2016.

What is the total square footage of 1062 Northwest 87th Avenue, Miami, FL 33172?

1062 Northwest 87th Avenue, Miami, FL 33172 has a total of 40,936 square feet.

When was 1062 Northwest 87th Avenue, Miami, FL 33172 last sold and what was the sale price?

1062 Northwest 87th Avenue, Miami, FL 33172 was last sold on 05/15/2019 for $104,375,000.

What is the assessed value of 1062 Northwest 87th Avenue, Miami, FL 33172?

1062 Northwest 87th Avenue, Miami, FL 33172 is currently assessed at $75,500,000.

What are the property taxes for 1062 Northwest 87th Avenue, Miami, FL 33172?

The property taxes for 1062 Northwest 87th Avenue, Miami, FL 33172 total $1,278,343.

How many residential units does this building have?

This building has 360 residential unit(s).

Disclaimer

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